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How is the crypto market performing in recent days? Specifically, what is the price trend and latest news involving Dogecoin (DOGE), Floki Inu (FLOKI) and Binance Coin (BNB)? All the answers below.
As we bid farewell to March, it is worth taking a closer look at the meme coins that have struggled to regain their recent strong price performances. In the last 30 days, several tokens have lost double-digit values due to various factors that affect the broader crypto market.
With the crypto market showing significant signs of recovery, meme coins could be the next to rally as momentum picks up. So here is a list of meme coins that could have potential when the next bull rally rolls around.
A pseudonymous crypto analyst is predicting a strong run in the meme coin market, citing Dogecoin (CRYPTO: DOGE), Floki (CRYPTO: FLOKI), and Shiba Inu (CRYPTO: SHIB) as potential candidates. What Happened: Altcoin Sherpa told his 194,000 followers on Twitter that as long as Bitcoin (CRYPTO: BTC) holds up, altcoins as a whole will continue to experience a strong run.
Bone Shibaswap (CRYPTO: BONE), the governance token of meme cryptocurrency Shiba Inu (CRYPTO: SHIB), is up 4% in the last 24 hours, outperforming the top five meme coins such as Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI) by market capitalization. What Happened: At the time of writing, BONE was trading at $1.09.
A closely followed crypto trader and analyst is forecasting an upcoming memecoin explosion in the near future as long as Bitcoin (BTC) manages to stand its ground.
Floki (CRYPTO: FLOKI) was up 5% in the last 24 hours, outperforming top five meme coins by market capitalization, including Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: The surge in Floki came after the protocol confirmed its listing on the crypto exchanges — BigONE and KoinBX.
Catch up on the latest crypto market news at The Currency Analytics.
It is worth mentioning that GMX is a DeFi platform, built on the Arbitrum (Ethereum L2) and Avalanche network, which allows trading through perpetual futures up to x30 leverage on the most well-known crypto assets
Meme tokens have taken the crypto world by storm, capturing the attention of investors worldwide. The allure of skyrocketing profits and the thrill of hopping onto the latest meme bandwagon has led to the emergence of several meme tokens. While some may dismiss these tokens as fleeting internet fads, others see great potential in them.
As the cryptocurrency market continues to expand, more and more meme cryptocurrencies have emerged. While some investors dismiss them as mere jokes, others see the potential in these digital assets.
Floki (CRYPTO: FLOKI) is up 8% in the last 24 hours, beating gains clocked by the top five meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) in the last 24 hours. What Happened: The surge in FLOKI's price comes as the meme coin was listed on the crypto exchange Crypto.com.
Despite the recent recovery phase in the crypto market, the major memecoins have shown limited growth in the last two weeks. However, as the external news has not shown much effect on these crypto coins, interested traders can rely on individual price behaviors to determine their potential target in the near future.
Floki Inu is gaining more popularity as it now poses a great threat to Dogecoin (DOGE) and Shiba Inu (SHIB) after soaring by 300% in 2023 alone. The asset's unprecedented rise has caused leading cryptocurrency exchange Bitpanda to list the memecoin to its user base of more than 3 million users.
David Gokhshtein, the founder of Gokhshtein Media, has shared yet another meme-crypto-related tweet with his followers. In a joking manner, he tweeted that he is going to be spending his SHIB and FLOKI tokens on casual stuff, like groceries.
Floki (CRYPTO: FLOKI) surged 14% in the last 24 hours, beating the top five meme coins by market capitalization. What Happened: The rally in Floki's price was sparked by the integration of several DeFi platforms to the FlokiFi Locker Protocol.
According to a recent announcement, Floki (Floki) is now listed on the Seychelles-based OKX crypto exchange. Floki, which takes its name from Tesla CEO Elon Musk's Shiba Inu dog, has seen a handful of exchange listings in recent weeks.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices trading slightly above the $22,000 level on Wednesday following comments from Federal Reserve Chair Jerome Powell. Ethereum (CRYPTO: ETH) also moved lower, but traded above the $1,500 mark this morning.
Bitcoin (CRYPTO: BTC) traded slightly higher, with the cryptocurrency prices trading above the $22,400 level on Tuesday. Ethereum (CRYPTO: ETH) also moved slightly higher, trading above the $1,500 mark this morning.
Floki Inu (FLOKI) also known as the people's cryptocurrency is gaining lots of traction lately and the buzz has refused to taper down. The latest canine-themed meme coin is inspired by, and named after, Elon Musk's Shiba Inu dog!
Floki (CRYPTO: FLOKI) is up 3% in the last 24 hours, outperforming the top five meme coins by market capitalization. What Happened: At the time of writing, FLOKI was trading at $0.000049.
With the third month of 2023 drawing close and the cryptocurrency market continuing to flash between green and red, there are lots of inexpensive cryptocurrencies deserving the attention of any crypto trader and investor that isn't put off by their (still) very low cost.
Floki is now officially partnered with one of the biggest lending protocols on the BNB chain, Venus Protocol.
Floki's [FLOKI] score on the popularity metric has been high in recent weeks and the buzz has refused to taper down. The third largest meme coin by market capitalization exploded by more than 500% in the year-to-date period, data from CoinMarketCap revealed.
